The Asia-Pacific nutraceuticals market is anticipated to grow at a CAGR of 8.3% during the forecast period (2020-2026). The increasing prevalence of lifestyle-oriented diseases coupled with the growing aging population in the region is creating demand for nutraceuticals among the consumers, which tend to drive the Asia-Pacific nutraceuticals industry. The report covers the analysis of major economies including China, India, Japan, and the Rest of Asia-Pacific.
Browse the full report description Asia-Pacific Nutraceuticals Market Size, Share & Trends Analysis Report by Product Type (Functional Food, Functional Beverage, and Dietary Supplements), and by Distribution Channel (Retail & Supermarkets and Online Platform) Forecast, 2020-2026 at https://www.omrglobal.com/industry-reports/asia-pacific-nutraceuticals-market
India has been emerging as a potential region in the nutraceutical industry. The increasing middle income and high-income households tend to give a boost to the regional growth of the market. Moreover, there is increasing consciousness and focus on health and fitness among the Indian population. This has encouraged the Indian consumers to intake food products that cater to their additional specific requirements such as proteins, vitamins, and other nutrition.
Further, India has seen an increasing penetration of modern forms of retailing such as hypermarkets and supermarkets, e-commerce channels, and others. With the increasing penetration of such platforms, the distribution landscape of nutraceuticals such as functional food and functional beverages is changing rapidly. This, in turn, is presenting new opportunities for the growth of the Asia-Pacific nutraceuticals market in the near future.
Market Coverage
o By Product Type
o By Distribution Channel
Key Questions Addressed by the Report
Asia-Pacific Nutraceuticals Market Report Segment
By Product Type
By Distribution Channel
Asia-Pacific Nutraceuticals Market Regional
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